https://www.taxtmi.com/caselaws?id=169963 The HC upheld the Tribunal's decision limiting the disallowance under section 14A to 2% of dividend income for AY 2008-09. The court found no substantial question of law, as the dispute concerned factual findings that the expenses claimed were not related to exempt income. The interpretation of Rule 8D was not contested, and the Tribunal's factual conclusion was affirmed. The decision was against the revenue. en-us Tue, 15 Jan 2013 00:00:00 +0530 Tue, 05 Aug 2025 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169963 The HC upheld the Tribunal's decision limiting the disallowance under section 14A to 2% of dividend income for AY 2008-09. The court found no substantial question of law, as the dispute concerned factual findings that the expenses claimed were not related to exempt income. The interpretation of Rule 8D was not contested, and the Tribunal's factual conclusion was affirmed. The decision was against the revenue. Case-Laws Income Tax Tue, 15 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169963